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- As an operations manager, how can supplier relationship management help in avoiding operations risks, such as disruptions and fraud, which are damaging to a firm’s reputation and profitability? Provide two real-world examples to support your answer.Doing a value chain analysis is a fantastic way of following a process to review all of the ways you can generate value for your customers. Based on the following information, students are required to create/draw (infographic) value chain to the identified organization below. PIZZA HUTLet’s look at the value chain of Pizza Hut:PRIMARY ACTIVITIESInbound logistics: This includes all of the sourcing activities to procure and standardize all of the produce, ingredients and materials to bake pizza’s fast, consistently, and delicious – in house. They capitalize on economies of scale, and use massive global purchase orders to source the best prices on raw products for their restaurants.Operations: By targeting areas where there is an affinity for Italian food, Pizza Hut operates in a huge number of countries globally with a licensing model where stores are managed by a local franchise owner.Outbound logistics: There are two models that Pizza Hut capitalizes on, in store dining and their home…Currently, the trend has been moving toward outsourcing combined with the creation of supply chain relationships, although traditional firms preferred the “make” option. What drives organisations to make their own materials, components, services and/or equipment in house instead of outsourcing?
- "Currently, the trend has been moving toward outsourcing combined with the creation of supply chain relationships, although traditional firms preferred the"make" option QUESTION: what drives organizations to make their own materials, components, services, and/or equipment in the house instead of outsourcing? word count: 300 wordsIn addition to performing value analysis on the services its properties offer, Starwood evaluates the performance of its suppliers against contract metrics. Using the bed linens and terrycloth supplier as an example, describe some of the metrics Starwood should use.Material cost play a crucial role in determining the overall cost structure of an organization. EFFECTIVE MANAGEMENT of Material cost involved a combination of strategic sourcing rusk management supplier relationships and continuous monitoring of markets trends you are a purchasing manager of e thekwenini municipality Question1 Examine the several necessary processes in the purchasing process that will assist in cost reduction at the municipality and give practical examples
- Why does a world-class competitor's proper processes and supply chain policy change too frequently?Hi, I have a question, but I don't understand exactly what the teacher means by this: For each general type of supply chain strategy, explain which critical capabilities (a unique combination of processes, assets, and tools) need to be implemented to fulfill the respective strategy goals.Hahn Manufacturing purchases a key component of one ofits products from a local supplier. The current purchase priceis $1,500 per unit. Efforts to standardize parts succeededto the point that this same component can now be used infive different products. Annual component usage should in-crease from 150 to 750 units. Management wonders whetherit is time to make the component in-house rather than tocontinue buying it from the supplier. Fixed costs would in-crease by about $40,000 per year for the new equipment andtooling needed. The cost of raw materials and variable over-head would be about $1,100 per unit, and labor costs wouldbe $300 per unit produced.a. Should Hahn make rather than buy?b. What is the break-even quantity?c. What other considerations might be important?
- A company's strategic options for internally performed value chain activities do not include: A) implementing the use of best practices, particularly for high-cost activities. B) switching to activity-based costing. C) investing in productivity-enhancing, cost-saving technological improvements. D) revamping its value chain to eliminate or bypass some cost-producing activities (particularly low value-added activities). E) outsourcing the performance of high-cost activities to vendors that can perform them more cheaply.Supply Management is an important part of an organisation. 1. Analyze the relationship between supply management and operations. Illustrate your answer with a practical example. 2. Determine the relationship between supply management and quality assurance. Illustrate your answer with a practical example.Take a look at where you fit in the value chain. The value chain is used for what?So, tell me, what is it that you do? Discuss the ways in which you collaborate with other organizations in the supply chain. How do you measure the effectiveness of a supply chain?